
Aurobindo Pharma arm launches leadership programme at IMTH
Generic drugmaker Aurobindo Pharma, through wholly owned subsidiary Apitoria on Friday, announced the launch of a six-month post-graduation certification in leadership (CLP) programme at the Institute of Management Technology, Hyderabad (IMTH).
A six-month programme, the CLP aims to transform promising professionals into dynamic leaders by equipping them with skills in managing self, teams, business and change. The programme includes 13 days of classroom sessions spread across six modules, delivered through a blend of traditional and modern pedagogies.
Introduction of the Auro Astra - Post-Graduation CLP is the company continued investment on nurturing talent and enabling growth of middle management that connects strategy with execution, Aurobindo Pharma said in a release. 'It is an important step in grooming our middle managers to take on larger responsibilities with confidence and agility,' senior VP-Corporate HR U.N.B. Raju said.
IMT Hyderabad director and professor K.M.Baharul Islam said the CLP is designed to be immersive and practice-oriented.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hindustan Times
24 minutes ago
- Hindustan Times
MMRDA seeks full financial breakdown from L&T after scrapping Thane-Bhayander twin projects
Mumbai: Days after scrapping tenders for two major infrastructure projects—the Thane-Ghodbunder Road tunnel and the Ghodbunder-Bhayander elevated road—the Mumbai Metropolitan Region Development Authority (MMRDA) has asked construction giant Larsen & Toubro (L&T) to submit a complete breakdown of its financial estimates. The move follows a legal tussle between L&T and the MMRDA over the awarding of the ₹15,182.87 crore contracts to Hyderabad-based Megha Engineering and Infrastructure Limited (MEIL). L&T had challenged the MMRDA's decision in the Bombay High Court and subsequently in the Supreme Court, alleging it had been unfairly disqualified despite submitting bids that were collectively ₹3,130 crore lower than MEIL's. In a letter dated Tuesday, MMRDA has asked L&T to furnish detailed financial documents related to both projects. These include calculation sheets, explanatory notes, rate analysis, and justifications submitted as part of the original bid. A copy of the letter reviewed by Hindustan Times shows that the MMRDA intends to archive the documents as part of official records and for transparency in the tendering process. According to L&T's bid, the firm had quoted ₹12,052 crore for both projects— ₹5,554 crore for the elevated road and ₹6,498 crore for the tunnel. In comparison, MEIL's winning bid amounted to ₹15,182.87 crore, with ₹9,019.53 crore for the elevated road and ₹6,163.34 crore for the tunnel. The projects are part of MMRDA's broader road expansion initiative and are seen as critical extensions of the Mumbai Coastal Road. The first involves construction of twin tunnels spanning 5.7 km between Gaumukh and Fountain Hotel junction on Thane Ghodbunder Road. The second entails an 11.42 km elevated road connecting Ghodbunder Road to Bhayander, including a bridge over the Vasai Creek. The tendering process began in July 2024. L&T submitted its technical bid in December, which was opened on January 1, 2025. However, in May, the company learned it had been excluded from the financial bidding round. Though the Bombay High Court initially stayed the opening of the financial bids, it later ruled against L&T on May 20, prompting the firm to escalate the matter to the Supreme Court. Originally slated for completion by the end of 2028 and opening to traffic in early 2029, both projects now face delays of at least six months due to the ongoing legal dispute.


Economic Times
3 hours ago
- Economic Times
Paint companies face profitability challenges amidst high competition
The recent declines in paint shares have removed some froth of their valuations, which were considered among the most expensive in the consumer-facing businesses. Investor concerns persist for paint companies due to intense competition and weak demand, impacting profitability. Despite recent share underperformance, valuations remain high, leading to analyst caution. The entry of new players like Aditya Birla Group intensifies the fight for market share, further pressuring margins and potentially causing incumbent stock prices to struggle. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Mumbai: Investor woes in shares of paints companies may be far from over as the hyper competition in the sector and tepid demand are expected to continue squeezing profitability in the sector. With valuations remaining elevated despite the recent underperformance in the shares, money managers and analysts are less enthusiastic about their prospects in the foreseeable far in 2025, Asian Paints is down 4.2% and Kansai Nerolac has fallen 4.5%. Berger Paints bucked the trend, rising 24%. In comparison, the Nifty 50 is up 6%.Morgan Stanley said this 'de-rating' is not yet done."While there is consensus on the sell side on growth and ratings, we think the exact extent of a potential de-rating for paint stocks is not yet understood," said the brokerage in a recent apathy for paints shares among investors and analysts is a contrast to the situation three years ago when they were Dalal Street darlings for over a decade. The entry of deep-pocketed players like the Aditya Birla Group into the sector has resulted in companies focussing on fighting for market share, putting pressure on profitability. "The overall competitive intensity will remain high for the next two years," said Aniruddha Kekatpure, head of research at Edelweiss Mutual Fund. "If the new entrant executes better than expected, the stock prices of incumbents will likely continue to languish."The recent declines in paint shares have removed some froth of their valuations, which were considered among the most expensive in the consumer-facing businesses."While valuations have moderated from their post-COVID highs, they continue to remain elevated amid persistent growth and margin pressures," Vaqarjaved Khan, senior fundamental analyst at Angel One. Khan said the estimated Price to Earnings (P/E) ratio - a popular valuation measure - for most paint companies still hovers around 48-55x, a rich multiple, especially when the growth outlook for FY26 appears clouded.


Time of India
3 hours ago
- Time of India
Paint companies face profitability challenges amidst high competition
Mumbai: Investor woes in shares of paints companies may be far from over as the hyper competition in the sector and tepid demand are expected to continue squeezing profitability in the sector. With valuations remaining elevated despite the recent underperformance in the shares, money managers and analysts are less enthusiastic about their prospects in the foreseeable future. So far in 2025, Asian Paints is down 4.2% and Kansai Nerolac has fallen 4.5%. Berger Paints bucked the trend, rising 24%. In comparison, the Nifty 50 is up 6%. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: 1 simple trick to get all TV channels Techno Mag Learn More Undo Morgan Stanley said this 'de-rating' is not yet done. Agencies "While there is consensus on the sell side on growth and ratings, we think the exact extent of a potential de-rating for paint stocks is not yet understood," said the brokerage in a recent note. The apathy for paints shares among investors and analysts is a contrast to the situation three years ago when they were Dalal Street darlings for over a decade. The entry of deep-pocketed players like the Aditya Birla Group into the sector has resulted in companies focussing on fighting for market share, putting pressure on profitability. "The overall competitive intensity will remain high for the next two years," said Aniruddha Kekatpure, head of research at Edelweiss Mutual Fund. "If the new entrant executes better than expected, the stock prices of incumbents will likely continue to languish." Live Events The recent declines in paint shares have removed some froth of their valuations, which were considered among the most expensive in the consumer-facing businesses. "While valuations have moderated from their post-COVID highs, they continue to remain elevated amid persistent growth and margin pressures," Vaqarjaved Khan, senior fundamental analyst at Angel One. Khan said the estimated Price to Earnings (P/E) ratio - a popular valuation measure - for most paint companies still hovers around 48-55x, a rich multiple, especially when the growth outlook for FY26 appears clouded.